During the period actual sales totaled 58000 units. prepare, Ask an Expert

Accounting

Sales volume variance analysis:

Lions Company prepared a budget last period with budgeted sales of 55,000 units at a price of $75 each. Variable costs were budgeted to be #10 per unit. Fixed costs were budgeted to be $2,000,000 for the period. During the period, actual sales totaled 58,000 units. Prepare a variance report to show the difference between the master budget and the flexible budget.

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Managerial Accounting, Accounting

Category:- Managerial Accounting
Reference No.:- M9223130

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